Which item has profit in the same percentage on cost during first two and last two years only ?
- AOption (a)
A
- BOption (b)
B
- COption (c)
C
- DOption (d)
D
View answer & explanationHide answer & explanation
Correct answer
C
Why this answer is correct
The correct answer is - C
Key Points
- Profit percentage consistency
- Profit percentage is calculated as (Profit / Cost) × 100.
- The question specifically asks for items where the profit percentage remains the same in the first two years and the last two years only.
- After analyzing the data row, Option 3 satisfies this condition.
- Understanding the question
- The question is asking for an item where profit percentage on cost is consistent only during the first two and last two years.
- Other options fail to meet this criteria as their profit percentage may vary in these years or remain consistent across all years.
Additional Information
- Profit Percentage Calculation
- Profit is calculated as Revenue - Cost.
- Profit percentage is obtained by dividing profit by cost and multiplying by 100: (Profit / Cost) × 100.
- Analyzing Consistency
- Consistency in profit percentage means the same value across specific years.
- In this case, the focus is on the first two years and last two years only.
- Exam Strategy
- Carefully analyze the conditions provided in the question.
- Eliminate options that fail to meet the specific criteria.
- Perform quick calculations to verify consistency where needed.